Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity Total debt to total assets a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Return on equity (dollars in millions) $ 297 163 b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. Asset turnover 2,175 1,880 295 Profit margin % c. Find the asset turnover ratio. Note: Round your answer to the nearest cent. % % d. Find the profit margin ratio on net sales. Note: Round your answer to the nearest hundredth percent.
Motorola Credit Corporation's annual report: Net revenue (sales) Net earnings Total assets Total liabilities Total stockholders' equity Total debt to total assets a. Find the total debt to total assets ratio. Note: Round your answer to the nearest hundredth percent. Return on equity (dollars in millions) $ 297 163 b. Find the return on equity ratio. Note: Round your answer to the nearest hundredth percent. Asset turnover 2,175 1,880 295 Profit margin % c. Find the asset turnover ratio. Note: Round your answer to the nearest cent. % % d. Find the profit margin ratio on net sales. Note: Round your answer to the nearest hundredth percent.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Motorola Credit Corporation's annual report:
Net revenue (sales)
Net earnings
Total assets
Total liabilities
Total stockholders' equity
a. Find the total debt to total assets ratio.
Note: Round your answer to the nearest hundredth percent.
Total debt to total assets
Return on equity
b. Find the return on equity ratio.
Note: Round your answer to the nearest hundredth percent.
(dollars in
millions)
$ 297
163
2,175
1,880
295
Asset turnover
c. Find the asset turnover ratio.
Note: Round your answer to the nearest cent.
Profit margin
%
%
%
d. Find the profit margin ratio on net sales.
Note: Round your answer to the nearest hundredth percent.
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